Augmentir
Latest round
- Series A
Last raised
- Nov 2021
Total raised
- $11M
Investors
- 4
About Augmentir
Augmentir, Inc.Founded in 2017 and headquartered in Horsham, US, Augmentir, Inc. offers solutions that streamline employee management from hiring to retirement. The company was co-founded by Lawrence Fan and Russell Fadel, with Russell also serving as CEO.Augmentir is a leading provider of AI-powered Connected Worker Solutions designed to optimize and digitize frontline operations for industrial companies. Their core offerings include a comprehensive suite of products that support workers throughout the entire employee lifecycle, from hiring to retirement. These solutions enable organizations to enhance training and skills management, streamline digital work instructions, and facilitate industrial collaboration. The platform's capabilities are built on a patented Smart AI foundation, which integrates training with work execution, providing actionable insights that improve operational efficiency.Augmentir generates revenue primarily through a subscription-based model for its AI-driven Connected Worker Solutions. This structure allows industrial companies to access the platform for a fixed fee, which can vary based on the scale of deployment and the specific features utilized. The flagship product, Augie™, offers generative AI capabilities that enhance operational efficiency and facilitate workforce training; this product is central to Augmentir's value proposition. Clients engage with Augmentir through direct partnerships, benefiting from tailored solutions that cater to their unique frontline operational challenges.In April 2023, Augmentir, Inc. As part of its future growth strategy, Augmentir aims to introduce new products to the market while also targeting expansion into additional geographic regions.
Who invested in Augmentir
4 investors across 2 rounds
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Questions about Augmentir
Who invested in Augmentir?
Augmentir has 4 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Augmentir raised?
Augmentir has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did Augmentir last raise money?
Augmentir's most recent round on record is a Series A, in Nov 2021.
What does Augmentir do?
Augmentir is a software company.
Where is Augmentir headquartered?
Augmentir is headquartered in Horsham, US.
Which VCs invest in companies like Augmentir?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Augmentir's stage. Their profiles are linked below.
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